Multifamily

AvalonBay Communities and Studio PBA Announce a new Project


Studio PBA and developer AvalonBay Communities are under contract for a new project in Capitol Hill at 7th and Sherman, where the popular restaurant Racines was previously located. This new project is still in the development phase. The total development site is 1.15 acres, spanning several existing parcels of restaurants and salons. According to the proposed plans, this structure would be 13 stories along Sherman Street, and nine stories along Grant Street. There would be 411 apartments and 314 parking spaces, some of them underground. To read more about the proposed plan, click on the link below from our friends at BusinessDen.com.

https://businessden.com/2020/05/27/multifamily-firm-avalonbay-is-developer-under-contract-for-racines-site/?fbclid=IwAR2qbJpQ7wm7sNDv8L962cWGT0x1gKgAxPY5qNtfzNxpAIGLMfDXqpFCiVM

Introducing Copper Mountain

CM18001 - Rendering - Copper Mountain Employee Housing  - 16X9.jpg

The Copper Mountain Workforce Housing project is a multi-family residential project that responds to the direct and long-overdue needs that many mountain communities face for better options in employee housing. The 2.5 acre site, located at the foot of the Copper Mountain Ski Resort, features 44 units and 100 parking spaces for residents, as well as covered bicycle storage. This project is located on Sky Chutes Lane and has an estimated completion date of late 2020.

AMLI Dry Creek is Leasing!

The LEED Silver AMLI Dry Creek apartments are open for leasing!  Check out one of Studio PBA’s most recently collaborations with AMLI Residential in the Denver Tech Center.  AMLI Dry Creek offers 257 units, ample parking, close proximity to the Dry Creek Light Rail station, pool, fitness center, and much more!  New photos are up from James W. Jenson Photography. 

Do you want more information on living in the AMLI Dry Creek community?  The link to these apartments can be found here:  https://www.amli.com/apartments/denver/denver-tech-center/englewood/dry-creek

Alta Gateway Complex Wins Development of the Year in Salt Lake City

SALT LAKE CITY, April 4, 2018 /PRNewswire/ -- Wood Partners, a leader in real estate development and construction, announced their downtown development, Alta Gateway Station, has been named "Development of the Year" by the Utah Apartment Association.

The Utah Apartment Association hires a secret shopper to shop all of the nominated properties. Properties are judged on the development design, comfort through features and amenities, how the development adds to the neighborhood and if it complements the surrounding areas well. The Utah Apartment Association also judged staff knowledge, customer service and the cleanliness and maintenance of the building. This is the first award for Wood Partners from the association.

“I grew up in Utah and am a graduate of the University of Utah. I have pursued development opportunities in the Salt Lake City market for almost 25 years and seen the tremendous growth and change,” said Director for Wood Partners Tim McEntee. “I am ecstatic that our first project in Utah is being recognized for our thoughtful design and best-in-class service that Wood Partners is known for.”

Alta Gateway Station is a transit-oriented community located next to The Gateway mall, which is in process of an extensive $100 million renovation. The Gateway features entertainment attractions like The Depot concert venue, Wiseguys Comedy Club, Megaplex Theatres and the Clark Planetarium. A new Dave and Buster’s restaurant and arcade, the first in Utah, is slated to open in May. The Gateway mall is the largest, open-air retail complex in Salt Lake City, and is quickly becoming one of the premier dining and entertainment spots for local residents, featuring local food trucks and events like the thriving Urban Flea Market. Alta Gateway Station is in an ideal location for young professionals to take advantage of the vibrant offerings in downtown SLC while having immediate access to multiple modes of transit including TRAX and FrontRunner.

“We’re thrilled that Alta Gateway Station has been recognized by the Utah Apartment Association,” said Clay Iman, director for Wood Partners, who managed the development from its early stages. “Our goal was to develop a project that delivered top-tier amenities while creating a sense of community, and our terrific on-site management team has really brought that vision to life.”

The 277-unit community, managed by Wood Residential Services, features studios, one-, two- and three-bedroom floorplans. Alta Gateway Station also features a rooftop deck with entertainment kitchen, pool and hot tub, cyber café, game room, wine storage, a clubroom, fitness center, bike/ski repair shop, dog wash and dog park.

https://www.prnewswire.com/news-releases/salt-lake-city-apartment-complex-wins-development-of-the-year-300624751.html

Modera Observatory Park Grand Opening

Modera Observatory Park is located just adjacent from the University of Denver and just celebrated it's Grand Opening!  Modera OP is currently accepting new applicants!  We obtained fantastic photos from the developer Mill Creek Residential featuring the state-of-the-art shared spaces, a luxurious outdoor pool and amenities galore!

Do you want more information on living in this community or what Modera Observatory Park offers?  The link to this community can be found here:  https://www.moderaobservatorypark.com/

AMLI Rino Poised to Break Ground Summer of 2018

AMLI RiNo.jpg

From today's article in Mile High CRE: DENVER – Chicago-based AMLI Residential’s latest development AMLI RiNo is the latest project in the River North (RiNo) neighborhood slated to break ground in the Summer of 2018. Positioned between commuter rail lines, the RiNo Arts District, and Denver’s vibrant lower downtown, the 390-unit development is poised to add residential density and beautiful design to one of Denver’s hottest transitioning neighborhoods. AMLI RiNo is bordered by the Platte River to the north and will provide a prominent presence along the south side of the Platte Trail.

To read the full article from Mile High CRE, click here: http://milehighcre.com/amli-rino-poised-to-break-ground-summer-of-2018/

Ridge at Wheatlands Now Leasing!

Ridge at Wheatlands celebrated their grand opening last week!  Construction will continue through the next year but the completed buildings are looking fantastic.  This project is located on South Langdale Street in Aurora and offers one, two and three bedroom floor plans. This project boasts several luxury amenities such as a hotel-inspired outdoor pool and spa, fitness center, meeting rooms, dog wash and a cyber cafe.  There are 15 multifamily buildings with attached private garages, plus a clubhouse. 

We received some fantastic images from the developer, Grand Peaks Properties, Inc and wanted to share them.  If you are interested in leasing at Ridge, click on their website below for more information. http://grandpeaks.com/ridgeatwheatlands/

Alta Pinehurst Clubhouse Update

Our newest project in Lakewood, Alta Pinehurst by Wood Partners, is open and ready for leasing.

Leases start September 15th with project completion in April 2018. 

For more information on leasing a unit at Alta Pinehurst, here is a link to the website: http://www.altapinehurst.com/

Construction Progress: Wood Partner's Alta Pinehurst

Alta Pinehurst is located on South Wadsworth in Lakewood and has been under construction for just over a year.  The project consists of 14 buildings, clubhouse and offers several amenities including a fitness center, community kitchen, bike repair shop, dog wash and conference rooms.  This community will also offer outdoor year round pool and spa for residents.  The developer on this project is Wood Partners.

Each building is in a different state of construction progress at this point.   The clubhouse has completed instillation of stone veneer and siding, interior finishes and MEP are in progress at estimated 90% completion.  The 14 residential buildings in this project range in progress from early framing  to insulation, siding and drywall instillation.

To see get pricing, floor plans or to lease one of these units, visit Alta Pinehurst's website here: http://www.altapinehurst.com/

Construction Progress: Elevate at Inova

Elevate at Inova, located in Centennial, CO consists of 10 buildings, clubhouse and an outdoor pool.  Construction on the clubhouse is nearing completion as you can see below with the workroom, second floor coffee lounge and TV wall completed.  You can also see the fitness equipment installed and the towel service counter finished.  Exterior finishes and stone veneer on several of the buildings are completed as well.  This project is nearing completion.

For information on leasing one of these units see Elevate Inova site here: http://www.liveatelevate.com/

Modera Observatory Park's Nearing Completion on Building 2

Modera Observatory Park has made strides since we last reported on its progress.  Building 2 is nearing completion with finishings and fixtures mostly completed throughout the building's units and common areas.  They have placed the exercise equipment in the fitness center and are finishing up the pool and outdoor social areas.  The leasing center is finished and functional with leasing in progress and move-ins expected to start mid-summer.  Check out the pictures below to catch a glimpse of this great project.  Building 1 is fast on its heels and the next update will most likely be a Grand Opening ceremony!  This project is located in the DU neighborhood.

If you are interested in leasing click the link: http://www.moderaobservatorypark.com/

Parkside Aerial Images of Construction Moving Forward

The Parkside Apartment Project in Denver's Riverside neighborhood is going vertical and making lots of progress. We haven't given an update on this project since February when construction began on the underground parking structure.  I received these great drone aerials last week from Tyler Elick with developer Holland Partner Group.  You can see the Commons Park-facing project has completed the podium and are starting on the wood framing.  This project will be home to 161 residential units and an underground podium garage with 169 spaces and will sit on Little Raven and 19th.

In addition the other cranes covering the Denver skyline, you can see the cranes for one of our other projects, AMLI Riverfront Green in construction two parcels over in front of the Glass House.

Thank you Tyler and Holland Partner Group for sharing the fantastic images! 

Construction Progress: The Wheatlands Apartments

The Wheatlands Apartments in Aurora are making strides.  This project has been under construction for some time now.  This project consists of 15 separate buildings, a clubhouse and parking garages.  The clubhouse can be seen below and has had the stone veneer completed, lighting installed and decorative finishes in place.  Four of the buildings currently have framing in progress through the second floor.  Two large parking garages recently had the slabs poured and will start framing soon.  This project is approximately 50% completed.

Modera River North Arts Update

Big construction update for Modera River North Arts!  This large development at 28th and Blake in the ever-popular RiNo District has been moving along very quickly-- we are completed with concrete, so all foundations are completed and slab on grade and both elevated slabs are complete.  Wood framing is in full force and Shaw Construction is expected to be topped out with roof framing completed by the end of April or the beginning of May.  Substantial completion of this project with developer Mill Creek is is projected to be middle of April 2018.

Write-up in DenverInfill's Blog: 2680 18th Street

DenverInfill had a great write-up on Studio PBA's new project in LoHi: 2680 18th Street.  Construction is not yet underway as the existing structure is still standing but make sure to check back for updates as construction begins and this project starts to take shape. http://denverinfill.com/blog/2017/03/2680-18th-street.html

AMLI Riverfront Green - Site Update

AMLI Riverfront Green has reached the first floor.  After working hard through the winter months, the first at grade concrete slab has finally taken shape.  March will see the remainder of the building come up to the same level.  April will kick off with a bang when our first floor above grade starts to take shape.  All concrete work is scheduled to be completed by the end of May, when the metal wall panels for the apartments units will begin.  Now that we are above ground, take a moment to stop by and see the building taking shape.

PBA in the News: Five Projects to Watch in 2017

Building Salt Lake's blog has made a list of five projects to watch in 2017.  "Utility and groundwork is underway on the Sugarmont Apartments, with building construction expected to start soon.  The eight-story apartment building will occupy the southwest corner of the block, directly east of the Fairmont S-Line station.  The Sugarmont Apartments will add 352 residential units to the Sugar House Central Business District." Read the whole article here: http://www.buildingsaltlake.com/five-projects-watch-2017/

Project Progress: Modera Observatory Park

Modera Observatory Park's construction has been continuing on through the snow and cold, making strides toward completion.  Once completed, this project will offer 277 units between two buildings split by Josephine Street and sandwiched between Jewel Ave. and E. Asbury Ave in the DU neighborhood. You can see the aerial image from a time-lapse camera we've covered in previous posts (https://app.oxblue.com/open/multifam/demo17).  In the subsequent images you get a closer look at more project details.  You can see the balconies and exterior elements forming, the location of the future pool and hot tub, the roof deck access from the townhouses of building one, along with the vibrant exterior colors.